Canada has implemented new legislation to make it a criminal offence for two or more employers to engage in wage-fixing and no-poaching agreements regarding employees. The legislation took effect June 23 with amendments to the Competition Act’s conspiracy provisions. It is now criminally prohibited for employers from different companies to make deals that will “fix,…
Canada Bread Agrees to Pay $50 Million for Role in Bread Price Fixing
Canada Bread has agreed to pay $50 million after admitting to colluding with competitors in Canada’s bakery industry to fix bread prices. “Fixing the price of bread—a food staple of Canadian households—was a serious criminal offence,” said Commissioner of Competition Matthew Boswell in a June 21 release. “Our continuing investigation remains a top priority. We are doing everything in…
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